Aldi’s land grab squeezing local supermarkets
German supermarket Aldi’s aggressive expansion in Australia will have a significant impact upon the viability of independent local grocers, including the struggling Metcash, analysts say.
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Aldi has said that it will expand from its current 350 stores to 800 in the long term, but small stores are already being squeezed.
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In Sydney’s north, for example, petitions have already started to prevent Aldi from opening a store on the site of a current independent grocer.
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IGA Westleigh was notified by the centre management that its lease would not be renewed.
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Supplied by wholesaler Metcash, IGA stores have unified branding and products across the country, but each store is run independently by a local owner. Sydney Morning Herald – Read more…
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